Erin Industries, Inc.
$465,500 PPP Loan in Walled Lake, Michigan
Loan Details
- Loan Number
- 1759917704
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $465,500
- Current Approval
- $465,500
- Forgiveness Amount
- $470,873
- Forgiveness Date
- Jun 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Erin Industries, Inc.
- Address
- 902 N Pontiac Trail
- City
- Walled Lake
- State
- Michigan
- ZIP Code
- 48390
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332996)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 45
- Estimated Revenue
- $11.0M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $378,000
- Rent
- $30,000
- Utilities
- $18,500
- Health Care
- $31,000
- Debt Interest
- $8,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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| American Plastic Toys, Inc. | $2,117,956 | |
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| American Plastic Toys INC | $2,000,000 | |
| Blue Ribbon Restaurants Novi, LLC | $1,827,800 | |
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